Healthcare

The House Ways and Means Committee just released the details of their tax reform bill and will start hearings next week. The Senate Finance Committee will roll out their companion legislation in the next couple weeks.

Many of the provisions are similar to those of the joint framework released in late September. However, now we have more specifics, albeit with many gaps still remaining.

After fits and starts over the last nine months, a broad tax reform plan is now beginning to emerge between Congress and the White House.

On Wednesday, an agreed upon framework was unveiled. While this is a mere starting point, some of the major guideposts are now known. The next step will be committee work and hearings before the House Ways and Means panel commencing in October.